o
|
Rule
13d-1(b)
|
|
x
|
Rule
13d-1(c)
|
|
o
|
Rule
13d-1(d)
|
CUSIP
No. 78486Q101
|
|||||||
1.
|
Names
of Reporting Persons
I.R.S.
Identification Nos. of above persons (entities only)
D.
E. Shaw Valence Portfolios, L.L.C.
13-4046559
|
||||||
2.
|
Check
the Appropriate Box if a Member of a Group (See Instructions)
|
||||||
(a)
|
o
|
||||||
(b)
|
o
|
||||||
3.
|
SEC
Use Only
|
||||||
4.
|
Citizenship
or Place of Organization
Delaware
|
Number
of
Shares
Beneficially
Owned
by
Each
Reporting
Person
With
|
5.
|
Sole
Voting Power
-0-
|
||||
6.
|
Shared
Voting Power
1,636,600
|
|||||
7.
|
Sole
Dispositive Power
-0-
|
|||||
8.
|
Shared
Dispositive Power
1,636,600
|
|||||
9.
|
Aggregate
Amount Beneficially Owned by Each Reporting Person
1,636,600
|
|||||
10.
|
Check
if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions) o
|
|||||
11.
|
Percent
of Class Represented by Amount in Row (9)
5.1%
|
|||||
12.
|
Type
of Reporting Person (See Instructions)
OO
|
CUSIP
No. 78486Q101
|
||||||
1.
|
Names
of Reporting Persons
I.R.S.
Identification Nos. of above persons (entities only)
D.
E. Shaw & Co., L.P.
13-3695715
|
|||||
2.
|
Check
the Appropriate Box if a Member of a Group (See Instructions)
|
|||||
(a)
|
o
|
|||||
(b)
|
o
|
|||||
3.
|
SEC
Use Only
|
|||||
4.
|
Citizenship
or Place of Organization
Delaware
|
|||||
Number
of
Shares
Beneficially
Owned
by
Each
Reporting
Person
With
|
5.
|
Sole
Voting Power
-0-
|
||||
6.
|
Shared
Voting Power
1,639,700
|
|||||
7.
|
Sole
Dispositive Power
-0-
|
|||||
8.
|
Shared
Dispositive Power
1,639,700
|
|||||
9.
|
Aggregate
Amount Beneficially Owned by Each Reporting Person
1,639,700
|
|||||
10.
|
Check
if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions) o
|
|||||
11.
|
Percent
of Class Represented by Amount in Row (9)
5.1%
|
|||||
12.
|
Type
of Reporting Person (See Instructions)
IA,
PN
|
CUSIP
No. 78486Q101
|
||||||
1.
|
Names
of Reporting Persons
I.R.S.
Identification Nos. of above persons (entities only)
David
E. Shaw
|
|||||
2.
|
Check
the Appropriate Box if a Member of a Group (See Instructions)
|
|||||
(a)
|
o
|
|
||||
(b)
|
o
|
|||||
3.
|
SEC
Use Only
|
|||||
4.
|
Citizenship
or Place of Organization
United
States
|
|||||
Number
of
Shares
Beneficially
Owned
by
Each
Reporting
Person
With
|
5.
|
Sole
Voting Power
-0-
|
||||
6.
|
Shared
Voting Power
1,639,700
|
|||||
7.
|
Sole
Dispositive Power
-0-
|
|||||
8.
|
Shared
Dispositive Power
1,639,700
|
9.
|
Aggregate
Amount Beneficially Owned by Each Reporting Person
1,639,700
|
|||||
10.
|
Check
if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions) o
|
|||||
11.
|
Percent
of Class Represented by Amount in Row (9)
5.1%
|
|||||
12.
|
Type
of Reporting Person (See Instructions)
IN
|
Item
1.
|
||
(a)
|
Name
of Issuer:
|
|
SVB
Financial
Group
|
||
(b)
|
Address
of Issuer's Principal Executive Offices:
|
|
3003
Tasman Drive
Santa
Clara, California
95054
|
||
Item
2.
|
||
(a)
|
Name
of Person Filing:
|
|
D.
E. Shaw Valence Portfolios, L.L.C.
D.
E. Shaw & Co., L.P.
David
E. Shaw
|
||
(b)
|
Address
of Principal Business Office or, if none, Residence:
|
|
The
business address for each reporting person is:
120
W. 45th
Street, Tower 45, 39th
Floor
New
York, NY 10036
|
||
(c)
|
Citizenship:
|
|
D.
E. Shaw Valence Portfolios, L.L.C. is a limited liability
company
organized under the laws of the state of Delaware.
D.
E. Shaw & Co., L.P. is a limited partnership organized under the
laws
of the state of Delaware.
David
E. Shaw is a citizen of the United States of
America.
|
||
(d)
|
Title
of Class of Securities:
|
|
Common
Stock, $0.001 par
value
|
||
(e)
|
CUSIP
Number:
|
|
78486Q101
|
Item
3.
|
If
this statement is filed pursuant to Rule 13d-1(b) or 13d-2(b) or
(c),
check whether the person filing is a:
|
|||
Not
Applicable
|
Item
4.
|
Ownership
|
|
As
of April 23, 2008:
(a)
Amount beneficially owned:
|
D.
E. Shaw Valence Portfolios, L.L.C.:
|
1,636,600
shares
This
is composed of (i) 761,600 shares in the
name of D. E. Shaw Valence
Portfolios, L.L.C. and (ii) 875,000 shares
that D. E. Shaw Valence
Portfolios, L.L.C. has the right to acquire
through the exercise of call
options.
|
D.
E. Shaw & Co., L.P.:
|
1,639,700
shares
This
is composed of (i) 761,600 shares in the
name of D. E. Shaw Valence
Portfolios, L.L.C., (ii) 875,000 shares that
D. E. Shaw Valence
Portfolios, L.L.C. has the right to acquire
through the exercise of call
options, and (iii) 3,100 shares under the
management of
D. E. Shaw Investment Management,
L.L.C.
|
David
E. Shaw:
|
1,639,700
shares
This
is composed of (i) 761,600 shares in
the name of D. E. Shaw Valence
Portfolios, L.L.C., (ii) 875,000 shares
that D. E. Shaw Valence
Portfolios, L.L.C. has the right to acquire
through the exercise of call
options, and (iii) 3,100 shares under
the management of
D. E. Shaw Investment Management,
L.L.C.
|
D.
E. Shaw Valence Portfolios, L.L.C.:
|
5.1%
|
|
D.
E. Shaw & Co., L.P.:
|
5.1%
|
|
David
E. Shaw:
|
5.1%
|
D.
E. Shaw Valence Portfolios, L.L.C.:
|
-0-
shares
|
|
D.
E. Shaw & Co., L.P.:
|
-0-
shares
|
|
David
E. Shaw:
|
-0-
shares
|
D.
E. Shaw Valence Portfolios, L.L.C.:
|
1,636,600
shares
|
|
D.
E. Shaw & Co., L.P.:
|
1,639,700
shares
|
|
David
E. Shaw:
|
1,639,700
shares
|
D.
E. Shaw Valence Portfolios, L.L.C.:
|
-0-
shares
|
|
D.
E. Shaw & Co., L.P.:
|
-0-
shares
|
|
David
E. Shaw:
|
-0-
shares
|
D.
E. Shaw Valence Portfolios, L.L.C.:
|
1,636,600
shares
|
|
D.
E. Shaw & Co., L.P.:
|
1,639,700
shares
|
|
David
E. Shaw:
|
1,639,700
shares
|
Item
5.
|
Ownership
of Five Percent or Less of a Class
|
|
Not
Applicable
|
||
Item
6.
|
Ownership
of More than Five Percent on Behalf of Another
Person
|
|
Not
Applicable
|
||
Item
7.
|
Identification
and Classification of the Subsidiary Which Acquired the Security
Being
Reported on By the Parent Holding Company or Control Person
|
|
Not
Applicable
|
||
Item
8.
|
Identification
and Classification of Members of the Group
|
|
Not
Applicable
|
||
Item
9.
|
Notice
of Dissolution of Group
|
|
Not
Applicable
|
||
Item
10.
|
Certification
|
|
By
signing below, each of D. E. Shaw Valence Portfolios, L.L.C.,
D. E. Shaw & Co., L.P., and David E. Shaw certify that, to
the best of such reporting person’s knowledge and belief, the securities
referred to above were not acquired and are not held for
the purpose of or
with the effect of changing or influencing the control of
the issuer of
the securities and were not acquired and are not held in
connection with
or as a participant in any transaction having such purposes
or
effect.
|
|
D.
E. Shaw Valence Portfolios, L.L.C.
|
||
|
By:
|
D.
E. Shaw & Co., L.P., as
managing
member
|
|
|
|
|
|
By: | /s/ Rochelle Elias | ||
|
|
|
Rochelle
Elias
Chief
Compliance Officer
|
D. E. Shaw & Co., L.P. | ||
|
|
|
By: | /s/ Rochelle Elias | |
Rochelle
Elias
Chief
Compliance Officer
|
David E. Shaw | ||
|
|
|
By: | /s/ Rochelle Elias | |
Rochelle
Elias
Attorney-in-Fact
for David E.
Shaw
|